The agreement will enable Komet to sell its Aquadis branded products
in the retailer's more than 100 locations across Canada
MONTREAL, March 19 /CNW Telbec/ - Mr. Marc Leblanc, President and Chief
Executive Officer of Komet Manufacturers Inc. "Komet" (TSX-V: AQD), is pleased
to announce that the Company has signed an agreement for $2.5 million in
recurring annual sales a national retailer in Canada. Komet will supply its
Aquadis branded ready-to-assemble bathroom vanity collection to the retailer.
This new agreement gives Komet, a Quebec company listed on the TSX
Venture Exchange since 2007, the opportunity to solidify and strengthen its
presence in diverse markets throughout Canada.
"We are obviously very pleased and enthusiastic to have been selected as
a supplier of a major retailer," said Mr. Leblanc. "Komet's vast collection of
easy-to-assemble products, which blend beauty and affordability, is an ideal
choice for consumers or contractors. We are confident that the quality of our
wide selection of products will fully satisfy our new business partner's
clientele," he added.
Komet, a Quebec corporation headquartered in Blainville, has been listed
on the TSX Venture Exchange since 2007. The Company specializes in designing
and manufacturing bathroom furniture products, which are marketed under the
Aquadis brand name. Since the Company's launch, Komet has rapidly enjoyed
success in the home improvement market due to the quality, affordability and
ease-of-assembly of its wide range of bathroom furniture products. In Canada,
Komet's market presence is assured by the distribution of its products in
multiple superstore outlets across the country. Thanks to its preferred access
to numerous Asian suppliers, the Company is able to offer its complete product
line at competitive pricing. Komet's furniture selection includes vanities,
mirrors, medicine cabinets and linen cabinets, which are all available in
several colours and models, allowing clients to personalize the collections.
(*) The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
For further information:
For further information: Frédéric Bérard, Senior Consultant, HKDP
Communications and Public Affairs, (514) 395-0375, ext. 230,